• bitcoinBitcoin (BTC) $ 103,943.00
  • bitcoinBitcoin (BTC) $ 103,943.00
  • ethereumEthereum (ETH) $ 3,505.76
  • ethereumEthereum (ETH) $ 3,505.76
  • tetherTether (USDT) $ 0.999758
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  • xrpXRP (XRP) $ 2.27
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 951.15
  • bnbBNB (BNB) $ 951.15
  • usd-coinUSDC (USDC) $ 0.999695
  • usd-coinUSDC (USDC) $ 0.999695
  • staked-etherLido Staked Ether (STETH) $ 3,506.17
  • staked-etherLido Staked Ether (STETH) $ 3,506.17
  • tronTRON (TRX) $ 0.281064
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  • dogecoinDogecoin (DOGE) $ 0.165109
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  • cardanoCardano (ADA) $ 0.541266
  • cardanoCardano (ADA) $ 0.541266
  • wrapped-stethWrapped stETH (WSTETH) $ 4,272.81
  • wrapped-stethWrapped stETH (WSTETH) $ 4,272.81
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.01
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.01
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,151.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,151.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,791.71
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  • chainlinkChainlink (LINK) $ 15.03
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  • hyperliquidHyperliquid (HYPE) $ 37.53
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  • bitcoin-cashBitcoin Cash (BCH) $ 497.34
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  • usdsUSDS (USDS) $ 0.999925
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  • wrapped-eethWrapped eETH (WEETH) $ 3,787.12
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  • ethena-usdeEthena USDe (USDE) $ 0.999349
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  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999465
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  • stellarStellar (XLM) $ 0.276556
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  • leo-tokenLEO Token (LEO) $ 9.49
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  • wethWETH (WETH) $ 3,510.49
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  • whitebitWhiteBIT Coin (WBT) $ 52.72
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  • suiSui (SUI) $ 2.05
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  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,967.00
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  • hedera-hashgraphHedera (HBAR) $ 0.174932
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  • avalanche-2Avalanche (AVAX) $ 16.61
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  • zcashZcash (ZEC) $ 411.63
  • zcashZcash (ZEC) $ 411.63
  • litecoinLitecoin (LTC) $ 86.59
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  • moneroMonero (XMR) $ 337.66
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  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • the-open-networkToncoin (TON) $ 1.97
  • the-open-networkToncoin (TON) $ 1.97
  • daiDai (DAI) $ 0.999854
  • daiDai (DAI) $ 0.999854
  • usdt0USDT0 (USDT0) $ 0.999642
  • usdt0USDT0 (USDT0) $ 0.999642
  • crypto-com-chainCronos (CRO) $ 0.125703
  • crypto-com-chainCronos (CRO) $ 0.125703
  • polkadotPolkadot (DOT) $ 2.59
  • polkadotPolkadot (DOT) $ 2.59
  • mantleMantle (MNT) $ 1.23
  • mantleMantle (MNT) $ 1.23
  • bittensorBittensor (TAO) $ 418.69
  • bittensorBittensor (TAO) $ 418.69
  • memecoreMemeCore (M) $ 2.33
  • memecoreMemeCore (M) $ 2.33
  • susdssUSDS (SUSDS) $ 1.07
  • susdssUSDS (SUSDS) $ 1.07
  • uniswapUniswap (UNI) $ 5.18
  • uniswapUniswap (UNI) $ 5.18
  • aaveAave (AAVE) $ 196.56
  • aaveAave (AAVE) $ 196.56
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.109779
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.109779
  • usd1-wlfiUSD1 (USD1) $ 0.998553
  • usd1-wlfiUSD1 (USD1) $ 0.998553
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999914
  • paypal-usdPayPal USD (PYUSD) $ 0.999914
  • bitget-tokenBitget Token (BGB) $ 3.96
  • bitget-tokenBitget Token (BGB) $ 3.96
  • okbOKB (OKB) $ 131.48
  • okbOKB (OKB) $ 131.48
  • internet-computerInternet Computer (ICP) $ 5.09
  • internet-computerInternet Computer (ICP) $ 5.09
  • nearNEAR Protocol (NEAR) $ 1.88
  • nearNEAR Protocol (NEAR) $ 1.88
  • pepePepe (PEPE) $ 0.000006
  • pepePepe (PEPE) $ 0.000006
  • ethenaEthena (ENA) $ 0.322696
  • ethenaEthena (ENA) $ 0.322696
  • ethereum-classicEthereum Classic (ETC) $ 14.82
  • ethereum-classicEthereum Classic (ETC) $ 14.82
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.67
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.67
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,506.52
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,506.52
  • falcon-financeFalcon USD (USDF) $ 0.994055
  • falcon-financeFalcon USD (USDF) $ 0.994055
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.07
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.07
  • tether-goldTether Gold (XAUT) $ 3,991.97
  • tether-goldTether Gold (XAUT) $ 3,991.97
  • solanaWrapped SOL (SOL) $ 161.11
  • solanaWrapped SOL (SOL) $ 161.11
  • aptosAptos (APT) $ 2.74
  • aptosAptos (APT) $ 2.74
  • ondo-financeOndo (ONDO) $ 0.606852
  • ondo-financeOndo (ONDO) $ 0.606852
  • pi-networkPi Network (PI) $ 0.226034
  • pi-networkPi Network (PI) $ 0.226034
  • aster-2Aster (ASTER) $ 0.921697
  • aster-2Aster (ASTER) $ 0.921697
  • usdtbUSDtb (USDTB) $ 0.998893
  • usdtbUSDtb (USDTB) $ 0.998893
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.167114
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.167114
  • htx-daoHTX DAO (HTX) $ 0.000002
  • htx-daoHTX DAO (HTX) $ 0.000002
  • worldcoin-wldWorldcoin (WLD) $ 0.711783
  • worldcoin-wldWorldcoin (WLD) $ 0.711783
  • dashDash (DASH) $ 131.39
  • dashDash (DASH) $ 131.39
  • kucoin-sharesKuCoin (KCS) $ 12.26
  • kucoin-sharesKuCoin (KCS) $ 12.26
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,031.72
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,031.72
  • hash-2Provenance Blockchain (HASH) $ 0.029494
  • hash-2Provenance Blockchain (HASH) $ 0.029494
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.95
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.95
  • arbitrumArbitrum (ARB) $ 0.262133
  • arbitrumArbitrum (ARB) $ 0.262133
  • official-trumpOfficial Trump (TRUMP) $ 7.21
  • official-trumpOfficial Trump (TRUMP) $ 7.21
  • gatechain-tokenGate (GT) $ 11.97
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  • algorandAlgorand (ALGO) $ 0.158145
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  • pump-funPump.fun (PUMP) $ 0.003861
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  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
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  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,702.59
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,702.59
  • pax-goldPAX Gold (PAXG) $ 3,985.47
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  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,686.62
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  • bfusdBFUSD (BFUSD) $ 0.999510
  • bfusdBFUSD (BFUSD) $ 0.999510
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.63
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.63
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.13
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.13
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,015.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,015.00
  • ignition-fbtcFunction FBTC (FBTC) $ 104,425.00
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  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,760.79
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  • wbnbWrapped BNB (WBNB) $ 950.64
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  • vechainVeChain (VET) $ 0.014423
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  • cosmosCosmos Hub (ATOM) $ 2.55
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  • kaspaKaspa (KAS) $ 0.045118
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  • story-2Story (IP) $ 3.70
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  • skySky (SKY) $ 0.051061
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  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999504
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  • jupiter-exchange-solanaJupiter (JUP) $ 0.348287
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  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,728.68
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  • flare-networksFlare (FLR) $ 0.013772
  • flare-networksFlare (FLR) $ 0.013772

Fact Check: Did the Texas Senate Approve the ‘XRP Reserve Bill’ to Buy $100 Million in XRP Annually?

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Fact Check: Did the Texas Senate Approve the ‘XRP Reserve Bill’ to Buy $100 Million in XRP Annually?

A rumor has been circulating online claiming that the Texas Senate passed an “XRP Reserve Bill” that would require the state to purchase up to $100 million worth of XRP each year. This claim is false.

What Really Happened

On September 27, the Texas Senate approved Senate Bill 21, which creates the Texas Strategic Bitcoin Reserve. The legislation allows the state to invest in cryptocurrencies, but only those with a market capitalization above $500 billion. Currently, the only asset that meets this threshold is Bitcoin.

No Mention of XRP in the Law

The text of SB 21 does not mention XRP or any other altcoin. It is specifically focused on Bitcoin and recognizes its role as a digital store of value. Suggestions that Texas will regularly buy XRP or establish a state-backed XRP reserve are not supported by any official documents or reporting.

Background

Previously, the Trump administration announced plans for a US Strategic Bitcoin Reserve and a Digital Asset Stockpile made up of altcoins.

It was revealed that the Strategic Bitcoin Reserve will initially consist of BTC previously seized by the US government and held by the Treasury. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnik will explore ways to add more BTC to the reserve in the future without affecting taxpayers, including transfers from other federal agencies.

The Digital Asset Stockpile, which contains only altcoins, operates differently. It will consist of crypto seized from illicit activities. Unlike the Bitcoin reserve, there are no plans to add more altcoins except those acquired from future seizures.

Earlier confusion arose when Trump mentioned on social media that XRP, SOL, ADA, ETH, and BTC would be part of the reserves. Experts clarified that this was likely a reference to top altcoins by market cap, and it’s unclear if the government currently holds all these cryptos.

Verdict

The claim that Texas has passed an XRP Reserve Bill is misleading. Texas has approved a Strategic Bitcoin Reserve, not an XRP reserve. Any reports suggesting otherwise are false.

Source

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